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20121126
20121126
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FOX Business
Nov 25, 2012 11:00pm EST
raise tax rates. and, california and several to the states, the top rate is approaching 50%, effectively with a 50% top rate. and, business has as much incentive to fire somebody, to lower costs, as to hire somebody to increase revenues. >> lou: we have a contemporaneous pareexperiment g on, in california bringing tax levels above 50%, the nation, right now, getting ready to move higher are we going to see california behave that's cas th in the coal mine, if you will when it comes to economic growth and the ability to support an ever-growing government. >> yes, people are fleeing california. california is a microcosm of what happens to countries that raise their tax rates. entrepreneurs flee and welfare recipients pour in and you get an unsustainable state of affairs, and that is california. unsustainable and meanwhile they are destroying silicon valley, which has been america's greatest asset. a source of all of our technology and our military power and potential for growth and we are sickling it over with a cast of green goo and everybody is angling for green subsidies an
Search Results 0 to 1 of about 2 (some duplicates have been removed)